Cap And Trade

Obama Unilaterally Pushes Cap And Trade On Unwilling States

The Obama administration's new climate rule will force states to cut carbon dioxide emissions through a variety of policy options, including imposing a cap-and-trade program on existing their power plants.

The White House is trying to sell the proposed Environmental Protection Agency rule as "flexible" by highlighting that states can choose from a menu of policy options to cut emissions. The EPA's rule, which will be proposed Monday, seeks to cut emissions from existing power plants in a bid to fight global warming.

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